First Quantum stock jumps on Panama plans for mine audit - MINING.COM - MINING.com
| FM Stock | CAD 18.66 0.49 2.56% |
About 62% of First Quantum's investor base is looking to short. The analysis of current outlook of investing in First Quantum Minerals suggests that many traders are alarmed regarding First Quantum's prospects. First Quantum's investing sentiment overview a quick insight into current market opportunities from investing in First Quantum Minerals. Many technical investors use First Quantum Minerals stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
First |
First Quantum stock jumps on Panama plans for mine audit - MINING.COM MINING.com
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First Quantum Fundamental Analysis
We analyze First Quantum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Quantum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Quantum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
First Quantum is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
First Quantum Minerals Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with First Quantum stock to make a market-neutral strategy. Peer analysis of First Quantum could also be used in its relative valuation, which is a method of valuing First Quantum by comparing valuation metrics with similar companies.
Peers
First Quantum Related Equities
| AEM | Agnico Eagle | 1.01 | ||||
| IVN | Ivanhoe Mines | 0.42 | ||||
| TECK-B | Teck Resources | 1.53 | ||||
| HBM | HudBay Minerals | 3.50 | ||||
| LUN | Lundin Mining | 4.20 |
Other Information on Investing in First Stock
First Quantum financial ratios help investors to determine whether First Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Quantum security.